U.S. economic growth last quarter was actually a whopping 5 percent, the fastest pace in 11 years, according to the Commerce Department's revised report on Tuesday. Here are the stocks that history shows do well after better-than-expected GDP reports.
For a fast one-day trade on that strong GDP number, historical analysis using Kensho, a quantitative analytics tool, shows that transportation and packaging firms do well.
Truck manufacturer Paccar traded positive 70 percent of the time after a GDP beat, with a median return of 1.1 percent, according to Kensho. Caterpillar traded higher 72 percent of the time with a median return of 1.1 percent. Railroad firms C.H. Robinson Worldwide and Kansas City Southern had median returns of about 1 percent and traded in the green more than 66 percent of the time following better-than-expected GDP readings.